VBCDC Affordable Housing Update

At a glance

  • What: Updates from the Virginia Beach Community Development Corporation on its affordable housing portfolio, homebuyer program and capital needs, and what support it wants from the city.
  • Where it stands: Briefed council on September 22, 2026; no vote. It estimates $35 million of preservation needs over 20 years and a $2.2 million annual operating gap.

Sources

Log

  • 2026-09-22 - City Council - Presentation by CEO Quincy White; council asked about scattered-site costs, land swaps and workforce housing.